Park Aerospace COO sells 60,000 shares after option exercise
Park Aerospace president and COO Mark A. Esquivel exercised stock options and sold shares of the company.
Rhea-AI Filing Summary
Park Aerospace president and COO Mark A. Esquivel exercised stock options and sold shares of the company. On July 29, 2026, he exercised options to acquire 60,000 Common Stock shares at exercise prices between $11.58 and $14.44, then sold 60,000 shares at $33.11 per share in substantially concurrent open-market transactions. Remaining equity incentives include right-to-buy options over 20,000 shares at an $11.06 exercise price expiring April 12, 2032 and 27,500 shares at $14.00 expiring June 16, 2035, along with other outstanding grants.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
11 txns
Insider
Esquivel Mark A
Role
President & COO
Sold
60,000 shs ($1.99M)
Approx. gross sale proceeds
$1.99M
Approx. exercise cost
$762K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Right to buy option F2 | 15,000 | $0.00 | $0.00 |
| Exercise | Right to buy option F2 | 25,000 | $0.00 | $0.00 |
| Exercise | Right to buy option F2 | 20,000 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 15,000 | $14.44 | $217K |
| Exercise | Common Stock F1 | 25,000 | $11.58 | $290K |
| Exercise | Common Stock F1 | 20,000 | $12.80 | $256K |
| Sale | Common Stock F1 | 60,000 | $33.11 | $1.99M |
| holding | Right to buy option F2 | -- | -- | -- |
| holding | Right to buy option F2 | -- | -- | -- |
| holding | Right to buy option F2 | -- | -- | -- |
| holding | Right to buy option F2 | -- | -- | -- |
Holdings After Transaction:
Right to buy option — 97,500 contracts for 92,500 underlying shares (Direct);
Common Stock — 15,000 shares (Direct)
Footnotes (2)
- F1. The above transactions represent the exercise of stock options as detailed in Table II and substantially concurrent sale of these shares on the open market.
- F2. Option is exercisable, commenting on the date indicated, as to 25% of such shares on each of the succeeding three anniversaries of such date.
Key Figures
Common shares sold: 60,000 shares
Sale price per share: $33.11 per share
Options exercised at $14.44: 15,000 shares
+3 more
6 metrics
Common shares sold
60,000 shares
Common Stock sold on 2026-07-29 at $33.11 per share
Sale price per share
$33.11 per share
Price for 60,000 Common Stock shares sold by Mark A. Esquivel
Options exercised at $14.44
15,000 shares
Right-to-buy options exercised at $14.44 per share on 2026-07-29
Options exercised at $11.58
25,000 shares
Right-to-buy options exercised at $11.58 per share on 2026-07-29
Remaining options at $11.06
20,000 underlying shares
Right-to-buy options with $11.06 exercise price expiring 2032-04-12
Remaining options at $14.00
27,500 underlying shares
Right-to-buy options with $14.00 exercise price expiring 2035-06-16
Key Terms
Exercise or conversion of derivative security, Right to buy option, open market
3 terms
Exercise or conversion of derivative security financial
"Transaction code M is described as "Exercise or conversion of derivative security""
Right to buy option financial
"The derivative security is labeled as a "Right to buy option" over Common Shares"
open market financial
"Footnote F1 mentions a "substantially concurrent sale of these shares on the open market""
An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Mark A. Esquivel report for Park Aerospace (PKE) on July 29, 2026?
Mark A. Esquivel reported exercising stock options for 60,000 Park Aerospace shares and selling 60,000 shares. The option exercises covered tranches at $11.58, $12.80, and $14.44 per share, followed by a substantially concurrent open-market sale at $33.11 per share.
Which stock options did Esquivel exercise in this Park Aerospace (PKE) Form 4?
Esquivel exercised three grants of right-to-buy options covering 15,000, 25,000, and 20,000 underlying shares. The exercises were at strike prices of $14.44, $11.58, and $12.80 per share, converting the options into 60,000 Common Stock shares before the sale.
What stock options does Esquivel still hold in Park Aerospace (PKE) after these transactions?
Reported remaining positions include options over 20,000 shares at an $11.06 exercise price and 27,500 shares at $14.00. These right-to-buy options expire on April 12, 2032 and June 16, 2035, alongside additional outstanding grants with other prices and expirations.
Were Esquivel’s Park Aerospace (PKE) transactions under a Rule 10b5-1 trading plan?
The Rule 10b5-1 plan checkbox is not marked and no footnote mentions any trading plan. This indicates the option exercises and related sale were not identified as being executed pursuant to a pre-arranged Rule 10b5-1 trading arrangement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
